Spero Benjamin C. 4
4 · SVMK Inc. · Filed Aug 12, 2020
Insider Transaction Report
Form 4
SVMK Inc.SVMK
Spero Benjamin C.
Director
Transactions
- Award
Stock Option (Right to Buy)
2020-08-10+9,070→ 9,070 totalExercise: $21.74Exp: 2020-08-10→ Common Stock (9,070 underlying)
Footnotes (2)
- [F1]Grant of Stock Options ("NSOs"). 1/4th of the total number of NSOs will vest on 08/15/2020 and 1/4th of the total number of NSOs will vest quarterly thereafter, subject to the Reporting Person's continued service to the Company until fully vested.
- [F2]Under an agreement with Spectrum Equity, the Reporting Person is deemed to hold the NSOs included herein for the indirect benefit of: (i) SEI V SM AIV, L.P. ("SEI V"), the general partner of which is Spectrum Equity Associates V, L.P., the general partner of which is SEA V Management, LLC ("SEA V LLC"); and (ii) Spectrum V Investment Managers' Fund, LP ("IMF"), the general partner of which is SEA V LLC. The Reporting Person may be deemed to share voting and dispositive power over securities beneficially owned by SEA V LLC. The Reporting Person disclaims beneficial ownership of the reported NSOs and the underlying common stock except to the extent of his pecuniary interest therein.